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Earnings (loss) Per Share
9 Months Ended
Dec. 26, 2015
Earnings Per Share [Abstract]  
Earnings (loss) Per Share
Earnings (loss) Per Share
The following table details the computation of basic and diluted earnings (loss) per common share from continuing operations for the periods presented (share numbers in table in thousands):
 
Three-months ended
Nine-months ended
 
December 31
December 31
 
2015

2014

2015

2014

Net income (loss)
$
5,737

$
5,274

$
(123,354
)
$
12,420

Weighted-average common shares outstanding (basic)
15,379

15,392

15,343

15,439

Effect of dilutive securities from equity awards
6

62


62

Weighted-average common shares outstanding (diluted)
15,385

15,454

15,343

15,501

Basic earnings (loss) per common share
$
0.37

$
0.34

$
(8.04
)
$
0.80

Dilutive earnings (loss) per common share
$
0.37

$
0.34

$
(8.04
)
$
0.80

 
 
 
 
 

The Weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. There were 1,592,214 and 1,882,003 non-dilutive equity awards outstanding for the three-months ended December 31, 2015 and 2014, respectively, and 1,592,214 and 1,885,103 non-dilutive equity awards outstanding for the nine-months ended December 31, 2015 and 2014, respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.